Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Turkiye Finans CEO quits

The CEO of Turkiye Finans -- the largest Islamic finance institution in Turkey -- has resigned, the bank said in a regulatory filing to Borsa Istanbul on Monday.

Founding member Awni Al Alami retires after 40 years at UAB

Awni Al Alami, Deputy Chief Executive Officer and a founding executive staff member of United Arab Bank (UAB) has announced his retirement after 40 years at the Bank.

Corruption Allegations at Turkish Islamic Bank – CEO Resigns

Derya Gürerk Departs Türkiye Finans Participation Bank

Manazel Real Estate appoints Chief Investment & Commercial Officer

Senior Management Strengthened and Geared Ahead As Diversification Strategy Focuses on Growth

United Finance hires KPMG as financial advisor

Oman's United Finance has hired KPMG to provide financial advisory services

Qatar Financial Centre Authority appoints new CEO

The QFC Authority also announced that Sheikh Salman Al Thani has been appointed as Chief Strategic and Business Development Officer, effective immediately.

Investcorp Plots Hedge Fund, Real Estate Push as Founder Retires

Investcorp Bank BSC, the Bahrain money manager whose founder is stepping down after three decades, is planning to rebuild its hedge-fund business and move back into European real estate.

Surprising Saudi Rises as a Prince Among Princes

Until about four months ago, Prince Mohammed bin Salman, 29, was just another Saudi royal who dabbled in stocks and real estate.

Al Tuwaijri named board chairman of MEFIC Capital

This was announced by the Board of Directors which held its first meeting at the company's headquarters in Riyadh yesterday (Sunday).

Nemir Kirdar appointed Founding Chairman of the Advisory Board of the Middle East Centre at Oxford University

Investcorp Building at the Middle East Centre opens

HSBC set to cut thousands of jobs globally

HSBC Holdings Plc is planning to cut thousands of jobs globally and is set to make an announcement next week, Sky News reported on Monday, citing unidentified sources.

UDC appoints new CEO

United Development Company (UDC) has appointed Ibrahim al-Othman as its chief executive officer.

Tony Blair finally quits as Middle East peace envoy after concerns over conflicts of interest with his business affairs

Tony Blair quit as Middle East peace envoy last night following years of criticism about his controversial business interests

Abu Dhabi fund ADIA names head of US internal equities

He previously worked at Eagle Asset Management, will oversee the management of US-focused equity portfolios run by the fund.

Bob Willen Appointed Managing Director for A. T. Kearney Middle East

Bob Willen brings extensive experience leading transformational strategy and organization initiatives for large commercial and government clients.

Oman Insurance Company appoints new CEO

This confidence is echoed in the statement of H.E. Abdulaziz Abdulla Al Ghurair, which stated, "With his global expertise, combined with an in-depth knowledge of the challenges and immense opportunities in the regional market, we are certain that Chr

Boutique law firm reinforces Private Wealth team

The Firm has been operating in the UAE since 2009.

Standard Chartered turmoil in Middle East offers opportunities for local banks

The departures coincide with a push by local banks to muscle in on the bank’s traditional strength as an arranger of syndicated loans and bond deals in the Gulf

QIIB appoints new head

We are proud of the excellent performance of the Qatari employees at our bank. Because we are determined to provide an ideal and encouraging work environment for Qataris, both male and female, the results have started showing up in different departments o

MarIAna Zaidan has been appointed as new revenue manager of Al Manshar Rotana Kuwait

she has started her career at Gefinor Rotana in Lebanon as a reservations agent in 2009.

On the Move